After the change of character and break of market structure in the 4hr chart, the market created inefficiency in the form of unmitigated order block. It is natural that the pair has correct this inefficiency by pushing lower before making new highs. Our bias remains bullish targeting the 1.95 region
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.